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Hulk Hogan’s WCW Contract From 1998 Leaked

Hulk Hogan nWo - WCW World Heavyweight Champion


WWE Hall of Famer Hulk Hogan’s World Championship Wrestling contract from 1998 has been leaked online by Chris Harrington of Wrestlenomics. Below are a few pics:

Hulk Hogan WCW 1998 Contract Leaked

Wrestling Observer posted the following about the contract:

•Signing bonus: $2,000,000

•Will perform at 6 PPVs per year and will be the “featured wrestler”

•Will get 15% of domestic PPV cable sales for WCW PPV or $675,000 [whichever is higher]

•Advance for PPV agreement is $1,350,000 three-times a year

•Pay between $250,000 to $1.75M if buy rate is above 1.5 (up to 3.5+)

•25% of Nitro/Thunder Gross Arena Tickets or $25,000 (whichever is higher)

•25% of gross arena tickets for any house show

•$100,000 consultant fee starting during year four

•Royalty rate of 50% on all merchandise sold directly by WCW to any consumer incorpoarting Hogan’s likeness or character

•50% of Actual license Fees received by WCW for Hogan’s likeness or character

•$20,000 per month promotional fee for wearing nWo shirt (or at least 25% of WCW’s net receipts and actual license fees for generic non-talent specific nWo merchandise.

•100% of the Hogan hotline revenue

•First class air travel,. first class suite hotel, limo transport and $175 per diem

 

        
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